Berlin's government has agreed on outlines for a five year rent cap in the capital in an effort to halt gentrification.
According to the news agency Deutsche Presseagentur (dpa), a key issues paper about the so-called "Mietendeckel" was approved with minor changes and the rent cap was thus put in place on Tuesday, June 18 2019. The next step would be a law. If the law comes, the rent cap can be applied retroactively. Excluded from the moratorium are council housing and new buildings that are rented out for the first time. In addition, an upper rent limit is to be introduced. Its amount is still unclear. According to the senate, the law will come into effect by January 2020. According to the draft, violations could result in fines of up to 500,000 euros. Berlin would be the first federal state with a rent freeze. Up to 1.6 million apartments are affected by the regulation.
Source: dpa, translation by DeepL.com, BerlinOnline
Last edited: Wednesday, 19. June 2019 08:25 Uhr